The Death of the Rule Against Perpetuities, or the RAP Has No Friends - An Essay

Dobris, Joel C.

Abstract

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The Death of the Rule Against Perpetuities, or the RAP Has No Friends - An Essay

Joel C. Dobris

University of California at Davis School of Law

Real Property, Probate and Trust Journal, Vol. 35
UC Davis Legal Studies Research Paper No. 49

Abstract:
This Article analyzes the Rule Against Perpetuities, which limits dead hand control of property to a reasonable period of time and chronicles its decline in recent years as public interest in creating perpetuities has increased. The author details society's prevailing attitudes towards aggregations of wealth in trusts that facilitate the creation of perpetuities and undermine the Rule's legitimacy in modern law.

Note: The author does not have paper copies for distribution.

Number of Pages in PDF File: 65

Keywords: Rule Against Perpetuities, repeal, perpetuities, undermining, changes in attitude, wealthy citizens, protection of capital assets, citizenry

JEL Classification: K1, K3

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Date posted: July 23, 2005

Suggested Citation

Dobris, Joel C., The Death of the Rule Against Perpetuities, or the RAP Has No Friends - An Essay. Real Property, Probate and Trust Journal, Vol. 35; UC Davis Legal Studies Research Paper No. 49. Available at SSRN: http://ssrn.com/abstract=268114

Contact Information

Joel Charles Dobris (Contact Author)

University of California at Davis School of Law ( email )

Martin Luther King, Jr. Hall
400 Mrak Hall Drive
Davis, CA 95616-5201
United States
(530) 752-1600 (Phone)
(530) 754-5311 (Fax)